From Riches to Rags: Crypto Trader Burns $46,000 on Solana-based Memecoin

A cryptocurrency trader has, while looking to trade lesser-known digital assets on the Solana ($SOL) network, managed a loss of $46,000 in just three minutes after the price of the token, Milady Wif Hat ($LADYF) plunged. According to on-chain analysis service Lookonchain, the trader invested 300 Solana ($SOL) to buy the cryptocurrency in a trade […] source: https://www.cryptoglobe.com/latest/2024/03/from-riches-to-rags-crypto-trader-burns-46000-on-solana-based-memecoin/